Tuesday 14 August 2007

Forex Tips

Here are my tips if you want to play forex trading:

  • Please, do some exercise or practice before you plunge in to a real investment.
  • Never invest more than you can afford to lose - you will see this almost on every site and e-book, but think about it, allow some money for investment and don't get into this madness.
  • When you get your target profit, don’t try to push too hard of your self and want more.
  • Just Stop! Sometimes luck did not come in the second try, beside at this time your emotion is higher than your logical.
  • Don't be greedy.
  • Exit stop loss is important, do not trade without exit stop loss.